Finland-Hong Kong tax treaty prevents double taxation of income

Ministry of Finance30.8.2018 13.26Press release

Finland and Hong Kong have concluded their first extensive bilateral tax treaty. The Government is proposing that Parliament approve the treaty.

The purpose of the tax treaty is to eliminate double taxation of income and stop tax evasion. The new treaty incorporates the previous agreement between Finland and Hong Kong, which applied only to income from the use of aircraft.

Finland already has a tax treaty with China, but that treaty does not apply to Hong Kong.